Tagged: visa

Visa to Provide Seamless Access to Curated Fintech Partners which will Offer Digital Payments Services to Financial Institutions

Payments giant Visa (NYSE:V) will be offering seamless access to 13 curated Fintech-focused partners to certain financial institutions and merchants. These financial tech companies will be offering digital payments services. Fintech firms taking part in the program include Aire, a credit scoring solution provider; AccountScore,… Read More

US Department of Justice Files Anti-Trust Suit Pertaining to Visa Acquisition of Plaid

In a blow to a significant Fintech, the US Department of Justice has filed suit in federal court pertaining to Visa’s (NYSE:V) pending $5.3 billion acquisition of Plaid, a top open banking platform. Last January, Visa announced its intent to purchase Plaid. At that time,… Read More

UAE Bank Account Service NOW Money Partners With Visa to Offer Low-Income Customers in the Gulf Region Access to Full Service Digital Banking Solution

  NOW Money, a UAE-based digital account service, announced on Wednesday it has joined forces with Visa to provide low-income customers in the Gulf region access to its full-service digital banking solution. Founded in 2015, NOW Money claims it uses “cutting-edge” mobile technology to improve… Read More

Underserved Singapore based SMEs are Now Considering Switching to Digital Banks: Visa Survey

  Payments giant Visa recently published a study on Digital Banking and SMEs in Singapore. According to the report, 88% of Singapore’s SMEs are now considering switching over to an all-digital banking platform. These findings of the study have been released at a time when the… Read More

Lastbit Joins Visa’s Fintech Fast Track program

Lastbit Inc. has joined Visa’s Fintech Fast Track program, thus accelerating the process of integrating with Visa and allowing the company to more easily leverage the capabilities of Visa’s global payments network. Lastbit is developing a payments platform that enables consumers to utilize Bitcoin and make… Read More

Visa to Acquire Miami based YellowPepper, a Payments Technology Firm, in order Expand Global Operations

Visa (NYSE:V) is reportedly planning to acquire YellowPepper, a payments tech company, in order to extend its global operations into the Caribbean and other jurisdictions. Established in 2014 and fully operational in nine different Latin American (LatAm) nations, the Miami-headquartered firm serves around 50 clients… Read More

Plaid Fintech Report: It Saves Consumers Money, Helps Underserved Markets

There should not be any question that financial innovation is good for consumers, good for businesses, and good for the economy in general. Fintech is bringing a degree of financial sophistication and inclusion previously unattainable. Underserved or underbanked markets may now access services once available… Read More

Visa Launches “Visa Tap to Phone” in More Than 15 Markets With Plans to Expand into the U.S.

  Visa (NYSE: V) announced on Wednesday after piloting Visa Tap to Phone over the past year, the financial giant is now making the product available in more than 15 markets with plans to expand to the United States and accelerate global product growth in… Read More

British Retail Consortium Accuses Mastercard and Visa of Charging Excessive Fees during COVID-19 Pandemic

Visa and Mastercard are being accused of charging “excessive” fees during the COVID-19 crisis. British retail groups are claiming that the scheme fees being charged by the payment companies have nearly doubled during the past 2 years. Retail groups in the UK have noted that… Read More

Petal introduces New No-Annual-Fee Visa Credit Card “Petal 1”

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Thursday the launch of its new no-annual-fee Visa credit card, Petal 1. The new card is paired with a mobile app that will “deliver” various features, tools, and… Read More

Coinbase Enables Real-Time Card Withdrawals via Visa Direct Capability for Bitcoin (BTC), Ethereum (ETH), Other Digital Assets

Eddie Lo, Product Manager at US-based crypto exchange Coinbase, notes that one of the “defining characteristics” of digital currencies is that they can be “transacted instantly, anywhere, anytime.” Although this might not be true given the relatively high Bitcoin and Ethereum transaction fees and relatively slow… Read More

Singapore’s UOB to Support Visa API that Lets Users Add Cards to Third-Party Apps without Using Physical Cards

Singapore‘s United Overseas Bank (UOB), a multinational banking organization with branches mostly based in Southeast Asian countries, has reportedly become the world’s first lender to use a new Visa API that allows clients to add cards to third-party apps without having to carry or use… Read More

Samsung Partners with Visa, Solarisbank to Provide Virtual Debit Cards that May be Linked to German Bank Accounts

Electronics giant Samsung has teamed up with Visa and Solarisbank, a German banking platform, in order to allow residents in Germany to link their accounts to contactless mobile payments services. Customers who sign up for Samsung Pay will get a virtual Visa debit card that… Read More

Majority of Pakistani Consumers to Make Digital Payments for Online Purchases, Instead of Visiting Physical Stores, Even After COVID: Survey

Visa (NYSE: V), the global leader in digital payments, recently published the results of its survey which aimed to assess the impact of COVID-19 on consumer behavior in Pakistan. Visa’s Stay Secure survey reveals Pakistani consumers’ general views about conducting digital transactions, their preferences and… Read More

Visa Launches “Click to Pay” Feature in Canada

 Visa Canada announced on Tuesday the expansion of the “Click to Pay” feature in Canada. According to Visa Canada, the feature helps consumers make secure, swift purchases across various merchants and platforms, which is now more important than ever before given the world’s accelerated shift… Read More

Visa Announces Expansion of Partnership With PayPal For Fund Access Around the World

Visa Inc (NYSE: V) announced on Thursday it has extended its partnership PayPal (NASDAQ: PYPL) to the provider what it believes is faster access to funds around the world. The partnership expansion notably follows the successful launch of the Instant Transfer service across North America, as… Read More

Digital Asset Lender Cred Joins Visa’s Fintech Fast Track Program to Enhance Lending, Borrowing Capabilities

Cred, a digital asset lending and borrowing platform, revealed on September 8, 2020, that it has joined Visa’s Fintech Fast Track program, in order to speed up the process of integrating with the payment giant’s global network. As mentioned in a release shared with CI,… Read More

Alibaba Group’s E-commerce Site Daraz in Pakistan to Encourage Digital Payments by Offering 10% Discount on Mondays on Purchases Made with Visa Cards

Payments giant Visa has teamed up with Pakistan’s Daraz, an online marketplace and logistics firm which operates in markets of South Asia and Southeast Asia (owned by Alibaba Group). Through the long-term, strategic partnership, the companies will introduce “Visa Mondays,” which will allow Daraz customers… Read More

Intelligent Payment Solutions Provider Plastiq Launches on Visa’s Small Business Hub

Plastiq, a U.S.-based intelligent payments solution for small business, announced on Friday it has launched on Visa’s Small Business Hub. According to Plastiq, the Visa Small Business Hub helps the small business community to create and strengthen customer relationships through claimed safe, digitally-enabled practices. “The… Read More

Cryptocurrency Payments Firm NetCents Technology Joins Visa Fintech Fast Track Program

NetCents Technology Inc (CSE:NC) (FSE:26N) has reportedly joined Visa’s Fintech Fast Track Program in order to enhance its payments platform. NetCents is a digital currency payments technology firm that will now be offering a Visa payment card to customers in the US and Canada. Like… Read More

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